The Innovation Voucher Program analyzed in this study operates as a randomized controlled trial (RCT). This allows estimating the causal effect of the voucher on innovation and growth measures of beneficiaries, as well as their business outcomes in general. As a result, the evidence might be used to enhance voucher schemes and to provide further policy advice on how to effectively support small and medium-sized enterprises and their innovation activities in the future.
Policy implications
Ongoing
Key information
Additional information
Reference
Heite, J., Rosendahl Huber L., Kleine, M. (forthcoming). 'The Effects of Innovation Vouchers on Innovation Activity and Performance of SMEs in the UK'. Ongoing research.